DRRRF

THE GLOBAL BANK
DISASTER RISK REDUCTION
AND RECONSTRUCTION FUND

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What are the operating principles of the Global Bank Disaster Risk Reduction and Reconstruction Fund – An Umbrella Trust Fund?

DRRRF’s strategy is underpinned by seven operating principles:

  1. Demand-driven approach to ensure maximum impact:  The scale of DRRRF support will be determined by client demand and depend on its ability to make progress with providing additional financing, facilitating the transfer of technology, and building knowledge and capacity.
  1. Leveraging development investments and policies: The DRRRF climate actions will facilitate an effective response to client countries’ demands, by cooperating with national and regional institutions and fostering the mainstreaming of climate dimensions into development. The DRRRF activities are organized along four top-level priorities: (i) Support Transformational Policies and Institutions; (ii) Leverage Resources; (iii) Scale up Climate Action; and (iv) Align Internal Processes and Work with Others.
  1. Empowering women and mainstreaming gender: The DRRRF main­streamed gender equality considerations into the entire project cycle to enhance the efficacy of climate change mitigation and adaptation interventions, starting from the identification of prior­ity interventions to achieve the climate management goals of a given jurisdiction or entity.
  1. Focusing on inclusive design and participation, Leave No One Behind: The DRRRF focuses on three areas of support to democratic governance: (1) Fostering inclusive participation; (2) Strengthening accountable and responsive governing institutions; and (3) Grounding democratic governance in international principles. The DRRRF will assist in the identification of effective interventions strengthening participation by the poorest social sectors, as well as by women, youth, persons living with disabilities, and indigenous people.
  1. Jointly addressing disaster and climate risk: The DRRRF will strive to increase the share of adaptation and mitigation co-benefits, improve resilience by further mainstreaming climate change in country programs, encourage investments in climate-smart infrastructure, promote climate-smart cities and agriculture, and further refine and design contingent instruments to deal with disaster risks.
  1. Developing knowledge and sharing best practices.  The DRRRF conducts global and regional communication campaigns as instruments for public awareness and education. Each builds on the existing ones to promote a culture of disaster prevention, resilience and responsible citizenship, generate an understanding of disaster risk, support mutual learning, and share experiences.  The campaigns encourage public and private stakeholders to engage actively in such initiatives and to develop new ones at the local, national, regional and global levels
  1. Prioritizing a results-oriented approach:  The DRRRF's commitment to improving aid and development effectiveness through development cooperation is reflected in its endorsement of key international agreements. These include the 2005 Paris Declaration, the 2008 Accra Agenda for Action, the 2011 Busan Outcome Document and the 2014 Mexico Communique. The key principles of development effectiveness, defined in the Busan outcome are:
  • Country ownership
  • Transparency and accountability
  • Focus on results

To learn more about the Global Bank Disaster Risk Reduction and Reconstruction Fund, what we do and how we do it and Management and Organisation, visit the About DRRRF Section of the DRRRF Website.

For information about the Global Bank, please visit http://gbdrrrf.org/about-us/who-we-are

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